Browse Category

Business - Page 551

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified arrears owed to power generation companies and gas suppliers. The bond, guaranteed by the full faith and credit

December 21, 2025

Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria

Business·Currency

The Trouble With CBN’s Conflicting Orders On Naira Policy – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to ensure that the naira redesign policy is adjusted to accommodate the interest of millions of informal sector players, rural dwellers, the over 30

February 21, 2023

Fuel, Bread, Others Push Nigeria's Inflation Rate To 22.41%, NBS CPI Report Shows

Business

NBS: IMF Tackles Nigeria’s ‘Outdated’ Inflation Rate Data

The monthly consumer price index (CPI) of the National Bureau of Statistics (NBS) has come under criticism from the International Monetary Fund (IMF). In a report titled; Nigeria: 2022 Article IV Consultation’, the IMF said the NBS is using the 2003/2004 National

February 21, 2023

Railway Revenue Drops By N1.31 billion Within Three Months

Business

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

The management of the Nigerian Railway Corporation (NRC) has stated that its operational policy is against digital transactions, as passengers face Naira scarcity. It was gathered that the railway corporation is turning down passengers who prefer to use electronic channels to pay

February 21, 2023

Business

N13 billion Debt: Court Says GTBank Violates Order, Tries To Undermine Proceedings

After trying to gain access to one of Stallion Nigeria Limited’s properties in Victoria Island, Lagos, the Federal High Court has ruled that Guaranty Trust (GT) Bank violated court judgements. Two weeks ago, GTBank took possession of Stallion’s assets through its appointed

February 21, 2023

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business·Currency·Top Stories

Confirmed! Banks Now Accept Old Naira Notes Up To N500,000

Prime Business Africa (PBA) reports that Nigerian banks accept old Naira notes up to N500,000 from retail customers. This was the outcome of a meeting of chief executive officers of banks following customer pressure on banks’ branches over the CBN deadline for

February 21, 2023

Naira Policy: CBN Mops Up N1.6 trillion In Just I Month

Business·Currency·News

Naira Policy: CBN Records N1.6 trillion Currency Mop-up In January Alone

The new Naira policy of the Central Bank of Nigeria (CBN) has soaked-in at least N1.6 trillion in January currency mop-up alone, data from the apex bank indicates. The CBN had, in the last quarter of 2022, introduced new policy to redesign

February 21, 2023

Business·News·Sports

Liverpool Owners Renege On Sale Of Club, Seek Investors

Fenway Sports Group, the majority owners of Liverpool, have announced that the club is not for sale but has suggested that the hierarchy are in talks with potential investors about another type of transaction at the Merseyside giants

February 20, 2023

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

The Central Bank of Nigeria (CBN) Act 2007 needs to be reviewed to align with international best practices, the International Monetary Fund (IMF) observes. IMF stated in its latest Report – ‘Nigeria: 2022 Article IV Consultation’ – that the CBN Act is

February 20, 2023

Keke Drivers Lament Low Patronage Over Naira Scarcity

Business·News

Naira Scarcity Hits Hard On Lagos Keke Drivers- ‘We No Fit Collect Money Transfer’

Tricycle operators in parts of Lagos have lamented low patronage as result of the lingering scarcity of naira notes. Large number of tricycles, popularly known as keke, were seen empty in Oshodi, Isolo and Ikeja areas of Lagos as their drivers sat

February 20, 2023

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Stock Market Investors Earn N228.73 billion, Ecobank, Nahco Make Losers’ List

The market capitalisation of the Nigerian bourse hit N29.53 trillion on Monday, 20 February 2023, rising by 1 per cent. Trading data showed that the appreciation is worth N228.73 billion when the market capitalisation is compared to the N29.31 trillion reported last

February 20, 2023

Previous 1 … 549 550 551 552 553 … 728 Next

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Business - Page 551

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Trouble With CBN’s Conflicting Orders On Naira Policy – CPPE

NBS: IMF Tackles Nigeria’s ‘Outdated’ Inflation Rate Data

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

N13 billion Debt: Court Says GTBank Violates Order, Tries To Undermine Proceedings

Confirmed! Banks Now Accept Old Naira Notes Up To N500,000

Naira Policy: CBN Records N1.6 trillion Currency Mop-up In January Alone

Liverpool Owners Renege On Sale Of Club, Seek Investors

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

Naira Scarcity Hits Hard On Lagos Keke Drivers- ‘We No Fit Collect Money Transfer’

Stock Market Investors Earn N228.73 billion, Ecobank, Nahco Make Losers’ List

Featured Stories

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

Enugu’s BRT Blitz: Modern Roads, Shattered Lives

VENGEANCE UNLEASHED: US Launches Devastating Strikes Against ISIS in Syria After Deadly Attack

Whatsapp Channel

Latest News

A Very Dirty Christmas Title Sparks Backlash – CAN, Regulators, Producer in Public Dispute

Fire Hits FIRS Office Amid Tax Law Discrepancy Concerns

PayPal’s Nigeria Re-Entry Raises Hard Questions About Inclusion, Accountability, Market Power

Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

A Very Dirty Christmas Title Sparks Backlash – CAN, Regulators, Producer in Public Dispute

Suggestions

Business - Page 551

Featured Stories

Follow Us

Whatsapp Channel

Latest News